The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 922 | 1,203 | 1,555 | 2,194 |
| Deferred income taxes | - | 6 | 2 | -1 |
| Amortization of deferred financing costs and debt discount | 7 | 7 | 7 | 16 |
| Gain on equity method investments | - | 0 | 484 | - |
| Depreciation and amortization | 358 | 355 | 346 | 650 |
| Loss on disposal of assets | -1 | 160 | 1 | 0 |
| Gain on equity method investments | - | - | - | 0 |
| Income from equity method investments | 182 | 155 | 186 | 356 |
| Distributions from unconsolidated affiliates | 237 | 233 | 236 | 395 |
| Change in fair value of derivatives | -64 | 10 | 4 | 3 |
| Current receivables | 24 | -4 | -12 | -32 |
| Inventories | 6 | 7 | 7 | 12 |
| Current liabilities and other current assets | -15 | 26 | -33 | -5 |
| Assets and liabilities - related parties | 25 | -21 | -5 | -100 |
| Right of use assets and operating lease liabilities | 0 | 0 | -2 | -1 |
| Deferred revenue | -1 | -22 | -19 | -33 |
| All other, net | 11 | -5 | 0 | 4 |
| Net cash provided by operating activities | 1,347 | 1,496 | 1,431 | 2,982 |
| Additions to property, plant and equipment | 575 | 714 | 526 | 568 |
| Acquisitions, net of cash acquired | -14 | 0 | 3,079 | 237 |
| Disposal of assets | 4 | 974 | 0 | 1 |
| Investments - acquisitions and contributions | 238 | 232 | 309 | 467 |
| Investments - redemptions, repayments, return of capital and sales proceeds | 0 | 150 | 83 | 60 |
| Payment for (proceeds from) other investing activity | -4 | 100 | -100 | -8 |
| Net cash used in investing activities | -791 | 78 | -3,731 | -1,203 |
| Long-term debt borrowings | 1,489 | 0 | 4,563 | 1,978 |
| Long-term debt - repayments | 1,505 | 0 | 762 | 1,702 |
| Related party debt borrowings-Revolving Credit Facility | - | 50 | - | - |
| Related party debt repayments-Revolving Credit Facility | - | 50 | - | - |
| Debt issuance costs | 15 | 1 | 42 | 20 |
| Unit repurchases | 50 | 100 | 100 | 200 |
| Redemption of series b preferred units-Series BPreferred Stock | - | 0 | - | - |
| Distributions to noncontrolling interests | - | 44 | - | - |
| Distributions to series a preferred unitholders | - | - | 0 | 6 |
| Distributions to preferred unitholders-Series APreferred Stock | - | 6 | - | - |
| Distributions to noncontrolling interests | -22 | - | 11 | 22 |
| Distributions to preferred unitholders-Series BPreferred Stock | - | 0 | - | - |
| Distributions to series a preferred unitholders | 0 | - | - | - |
| Distributions to lp unitholders | 1,093 | 1,095 | 975 | 1,948 |
| Contributions from mpc | 4 | 4 | 6 | 14 |
| All other, net | -6 | 1 | 0 | -6 |
| Net cash (used in) provided by financing activities | -1,187 | -1,202 | 2,679 | -1,912 |
| Net change in cash, cash equivalents and restricted cash | -631 | 372 | 379 | -133 |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning balance | 2,137 | 1,519 | 1,519 | - |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents, ending balance | 1,506 | 372 | 1,765 | - |
MPLX LP (MPLX)
MPLX LP (MPLX)